Gamesquare Esports (XCNQ:GSQ) ROCE % : -100.02% (As of Sep. 2022)

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What is Gamesquare Esports ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Gamesquare Esports's annualized ROCE % for the quarter that ended in Sep. 2022 was -100.02%.

Gamesquare Esports ROCE % Historical Data

The historical data trend for Gamesquare Esports's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gamesquare Esports ROCE % Chart

Gamesquare Esports Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

ROCE %

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564.50

-30.64

-28.43

-40.78

-32.10

Gamesquare Esports Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Feb21	May21	Aug21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial															-488.83	-162.13	-55.69	-56.15	-100.02

Gamesquare Esports ROCE % Calculation

Gamesquare Esports's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	-0.917	/	( ( (3.778 - 0.446)	+	(2.813 - 0.432) )	/ 2 )
	=	-0.917	/	( (3.332	+	2.381)	/ 2 )
	=	-0.917	/	2.8565
	=	-32.10 %

Gamesquare Esports's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	-22.104	/	( ( (28.408 - 6.385)	+	(32.263 - 10.086) )	/ 2 )
	=	-22.104	/	( ( 22.023	+	22.177 )	/ 2 )
	=	-22.104	/	22.1
	=	-100.02 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

Gamesquare Esports (XCNQ:GSQ) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Gamesquare Esports ROCE % Related Terms

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Gamesquare Esports (XCNQ:GSQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gamesquare Esports Inc (XCNQ:GSQ) » Definitions » ROCE %

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N/A

Address

150 York Street, Suite 1008, Toronto, ON, CAN, M5H 3S5

Website

https://www.gamesquare.com

Gamesquare Esports Inc is an international esports company. It is seeking to acquire additional assets and entities serving the esports market and, more broadly, in sports and entertainment. The company's acquisition of Code Red, an esports talent agency, provided an initial foothold in Europe through its UK operations.The business is comprised of two operating segments: teams and agency services. The company's teams segment represents its esports teams, which generate revenue through sponsorship, prize, and player-related revenue. The company's agencies generate revenue through talent management, influencer promotional fees, and consulting.

Gamesquare Esports (XCNQ:GSQ) Headlines

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